PALATIN TECHNOLOGIES INC
For the period ended Jun 30, 2025. Filed Sep 23, 2025.
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FY2025 · Filed Sep 23, 2025
PTN$6.89-4.7%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations
| Year Ended June 30, | |||
|---|---|---|---|
| 2025 · 2024 | |||
| REVENUES | |||
| Product revenue, net | $ | - | $4,490,090 |
| OPERATING EXPENSES | |||
| Cost of products sold | - | 97,637 | |
| Research and development | 14,898,494 | 22,400,372 | |
| Selling, general and administrative | 7,809,345 | 12,270,046 | |
| Loss (Gain) on sale of Vyleesi | (3,130,000) | (7,781,844) | |
| Gain on purchase commitment | (2,117,900) | - | |
| Total operating expenses | 17,459,939 | 26,986,211 | |
| Loss from operations | (17,459,939) | (22,496,121) | |
| OTHER INCOME (EXPENSE) | |||
| Investment income | 167,665 | 376,843 | |
| Foreign currency transaction (loss) gain | (50) | 59,753 | |
| Interest expense | (15,025) | (17,114) | |
| Offering expenses | - | (696,912) | |
| Change in fair value of warrant liabilities | - | (6,962,562) | |
| Total other income (expense), net | 152,590 | (7,239,992) | |
| NET LOSS | $(17,307,349) | $(29,736,113) | |
| Basic and diluted net loss per common share | $(32.15) | $(101.16) | |
| Weighted average number of common shares outstanding used in computing basic and diluted net loss per common share | 538,348 | 293,951 | |
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